Author: potus

Artwork for Ubisoft’s upcoming “Assassin’s Creed Shadows” game.John Keeble | Getty ImagesShares of Ubisoft sank 18% on Thursday after the French video game firm reported full-year earnings that disappointed investors.Ubisoft reported a 20.5% drop in net bookings for the fiscal year ending March 31, 2025, as a strong performance of the company’s latest “Assassin’s Creed” game did little to boost its full-year sales. “Assassin’s Creed: Shadows” was released in March following two consecutive delays.Ubisoft cited “lower than expected partnerships” for the decline in net bookings, which totalled 1.85 billion euros ($2.1 billion). The company also reported an operating loss of…

The Alibaba office building in Nanjing, Jiangsu province, China, on Aug. 28, 2024.CFOTO | Future Publishing | Getty ImagesAlibaba shares fell on Thursday after the Chinese e-commerce giant missed earnings expectations for its fiscal fourth quarter on both the top and bottom line.Shares were down 5% in premarket trade in the U.S. at 6:02 a.m. ET.Here’s how Alibaba did in its fiscal fourth quarter ended March versus LSEG estimates:Revenue: 236.5 billion Chinese yuan ($32.6 Billion), versus 237.2 billion yuan expectedNet income: 12.4 billion yuan, compared 24.7 billion expected.While falling short of analyst expectations, revenue was nevertheless up 7% year-on-year.Alibaba’s net…

Donald Trump speaks alongside Apple CEO Tim Cook (L) during the first meeting of the American Workforce Policy Advisory Board in the State Dining Room of the White House in Washington, DC, March 6, 2019.Saul Loeb | AFP | Getty ImagesU.S. President Donald Trump on Thursday said he told Apple CEO Tim Cook that he doesn’t want the tech giant to build its products in India, taking shots at the company’s moves to diversify production away from China and urging him to pivot stateside.”I had a little problem with Tim Cook yesterday,” Trump said. “I said to him, ‘my friend,…

WASHINGTON — The Supreme Court on Thursday weighs whether to allow President Donald Trump’s radical reinterpretation of the Constitution’s guarantee of birthright citizenship to go into effect, at least in part, while litigation continues. In an unusual move, the court is hearing oral arguments on a series of Trump administration emergency requests seeking to limit the scope of nationwide injunctions that blocked the plan almost as soon as it was announced in January.A decision siding with the administration would not only provide a boost to Trump’s birthright citizenship proposal but would also help the administration implement other policies via executive…

In this photo illustration, a Foxconn logo is seen displayed on a smartphone.Sopa Images | Lightrocket | Getty ImagesFoxconn, the world’s largest contract electronics manufacturer, has received approval from the Indian government to build a semiconductor plant in a joint venture with HCL Group, drawing an investment of 37.06 billion rupees ($433 million). The plant, which will be built in India’s northern state of Uttar Pradesh, will be operational by 2027, Ashwini Vaishnaw, India’s information minister, said in a cabinet briefing on Wednesday. Vaishnaw said the facility will manufacture Foxconn’s display driver chips, which are used in mobile phones, laptops, automobiles, PCs,…

China has not released specific regulation around non-fungible tokens. But technology platforms like Tencent’s WeChat are taking a cautious approach to prevent speculation with NFTs.Sopa Images | Lightrocket | Getty ImagesTencent’s WeChat app is indispensable for people in China.It has 1.4 billion monthly users and is the main messaging service in the country. But it is more than just a way to chat with friends and family. WeChat is often dubbed a super-app because, within the program, you can access many different features like mobile payments and services, such as gaming, booking flights and even paying utlity bills.Tencent executives think…

WASHINGTON (AP) — The Supreme Court seemed intent Thursday on maintaining a block on President Donald Trump’s restrictions on birthright citizenship while looking for a way to scale back nationwide court orders.It was unclear what such a decision might look like, but a majority of the court expressed concerns about would happen if the Trump administration were allowed, even temporarily, to deny citizenship to children born to people who are in the United States illegally. The justices heard arguments in the Trump administration’s emergency appeals over lower court orders that have kept the citizenship restrictions on hold across the country.…

The drummer of Texas rock band Lord Buffalo was removed from a flight headed to Europe and detained by immigration authorities on Monday, the band said in social media posts on Wednesday.Yamal Said was “forcibly removed from our flight to Europe” by Customs and Border Protection at Dallas Fort Worth International Airport on Monday, the Austin, Texas, band said in the posts.Said is a Mexican citizen and, as a green card holder, is a lawful permanent resident of the United States, according to the band. “He has not been released, and we have been unable to contact him,” the band wrote.…

Kseniia Petrova, a Russian-born Harvard scientist, has been charged with smuggling biological material into the United States — an escalation in a case that has already raised legal and civil rights questions over her detention.Federal prosecutors allege that Petrova, 30, violated U.S. customs law by failing to declare preserved frog embryos in her luggage when she arrived at Boston Logan International Airport on Feb. 16 from Paris. She now faces a charge of smuggling goods into the United States.According to a criminal complaint filed under seal this week and made public on Wednesday, a CBP canine alerted officers to Petrova’s…

President Donald Trump met with Syria’s new leader, Ahmed al-Sharra, today in an effort to forge a new relationship with the country, the first time a U.S. president has met with its leader in decades. But what kind of relationship the U.S. will have with a person they once called an Al-Qaeda terrorist remains unclear. “We’re living in a very unusual world where suddenly people who professed hatred of the West and in particular the United States are now being accepted as potential allies and partners,” said Sajjan Gohel, International Security Director at the Asia Pacific Foundation.Al-Sharaa, whose nom de guerre is Abu Mohammad al-Julani, has long been on…